Nailed It! Nifty Moves Exactly as Predicted – What’s Next?

When a plan comes together… it feels so good!
Yesterday, we said Nifty would face resistance around key levels — and guess what? Nifty 50 gained just 0.17%, Sensex rose 0.24%, and Bank Nifty led the party with a 0.62% jump. Exactly as we mapped out. 🎯

Top movers?

• Biggest gainer: ITC (+2.54%) showing FMCG muscle.
• Biggest loser: IndusInd Bank (-4.91%), clearly missing the memo.
• Best sector: Nifty FMCG (+1.89%) spicing things up.
• Worst sector: Nifty IT (-0.57%), stuck in debug mode.

With 5 days of gains now in the bag and resistance playing out beautifully, the big question is: Is this just a tea break before the next rally?

Let’s decode what’s coming next!

Global Market Update: A Rocky Road

Wall Street just had a meltdown.

• Dow Jones tumbled 2.48%
• S&P 500 cracked 2.36%
• Nasdaq sank 2.55%

Blame it on rising bond yields, Middle East tensions, or just a classic Monday crash — either way, US markets had their worst day in months. 📉

Meanwhile, Europe played it cool:

• FTSE 100 (+0.31%) held steady.
• CAC 40 (-0.24%) and DAX (-0.43%) slipped slightly.

Asia tried balancing:

• Nikkei 225 (-0.17%) stayed flat,
• Hang Seng (+0.78%) surprised with some green.

What this means for India?
Despite the 6 days of gain streak, Nifty now faces a real test. If weakness spills over, Nifty could slip back towards 23,850, or get stuck in a broad range between 23,850 and 24,200.

👉 We need a strong gap-up to survive — but sadly, no such signs from global markets yet. Stay cautious!

News & Related Stocks

Google Pixel Shift: Vietnam’s Loss Might Be Noida’s Gain

Alphabet Inc. (Google’s big boss) is reportedly whispering sweet nothings to its Indian contract manufacturers — Dixon Technologies and Foxconn — about moving more Pixel production from Vietnam to India. Why? Uncle Trump’s tariff tantrums.

The US is reportedly slapping up to 46% tariffs on Vietnamese goods, while India is enjoying a relatively cooler 26% (plus a 90-day tariff pause starting April 9). Compare that to China’s massive 145% — and suddenly India looks like the prom queen of global manufacturing.

India already makes ~45,000 Pixel phones/month. But now, with cost-cutting and supply chain strategy in mind, Google’s planning to make India a global Pixel production base — and not just for Indians, but for Americans too (and maybe others in the near future).

📌 Stocks Impacted: Dixon Technologies, Syrma SGS, Kaynes Technology

Dixon is clearly in the spotlight — already making newer Pixel models, and now in line for a manufacturing expansion. Foxconn too will get a boost. Add to that the rising tide in component localization (batteries, enclosures, sensors), and Indian EMS players like Syrma and Kaynes are also set to benefit.
📈 Strongly Positive

India’s First Benefit From US-China Tariff War

America and China are still not on talking terms when it comes to trade. Now, Boeing — the US plane maker — might lose China as a key market due to rising tensions. That’s where India sneaks in from the side door.

India could emerge as the new sweetheart in the global aircraft market. Whether it’s supplying parts, building aircraft, or attracting non-US aviation giants — our aerospace sector might just be cleared for takeoff. Long-term game? Absolutely. But it’s a seat worth reserving.

📌 Stocks Impacted: HAL, Bharat Forge, Dynamatic Technologies

These companies are into aerospace and defence manufacturing. If global aviation players start diversifying away from China, these Indian names could get some serious calls.
📈 Positive

💰 Gold Hits ₹1 Lakh — Are We Rich or Doomed?

The shiny yellow metal just got shinier — gold is now ₹1 lakh per 10g in India. This is not just a number; it’s a psychological mountain that’s been conquered.

Why the spike? Economic uncertainty globally, weak rupee, global gold rally, and of course… India loves gold more than Bollywood drama. With festive vibes and wedding season around, demand’s on fire.

📌 Stocks Impacted: Titan, Kalyan Jewellers, Senco Gold

Jewellery stocks usually shine bright when gold goes up — higher demand, better margins. But rising prices can also hurt affordability.
Overall: 📈 Mildly Positive

Airtel Buys 5G Spectrum From Adani

In a surprise move, Bharti Airtel is buying 400 MHz of 26 GHz spectrum from Adani Data Networks. This means Airtel is getting more muscle in its 5G game, especially in major zones like Mumbai, Gujarat, TN, and more.

Adani had this spectrum from 2022 but didn’t use it. Now Airtel swoops in to put it to good use for faster 5G speeds and wider coverage.

📌 Stocks Impacted: Bharti Airtel, Indus Towers

Airtel gets brownie points for strengthening its 5G roadmap. Adani’s selling doesn’t hurt them either, as they never really launched consumer telecom.
📈 Positive for Airtel

UBS Dumps Indian Wealth Biz, But Still Wants a Slice

Swiss bank UBS is selling its Indian wealth management division to 360 ONE (formerly IIFL Wealth). But don’t call it a breakup — UBS will still hold a 4.95% stake in the Indian firm via warrants.

The idea? UBS doesn’t want to operate solo here but still wants exposure to India’s booming wealth scene — just through a smarter partnership.

📌 Stocks Impacted: 360 ONE WAM

360 ONE gets more clients, more assets, more muscle. UBS gets a backstage pass to India’s HNI market.
📈 Positive

🛩️ Aerpace’s Defence Drone Takes Flight — Literally

Mumbai-based Aerpace Industries just test-flew its first homegrown defence drone, the ‘aerRecon ARM-5’. This thing can take off vertically, zoom at 125 km/h, and survive rough terrains. No runway needed, just mission-ready.

The drone is developed in partnership with Aerpace Robotics and is part of India’s broader push to reduce defence imports and build local muscle. Bonus: Global strategic tie-ups also hinted (hello, UAE?).

📌 Stocks Impacted: Aerpace Industries Ltd, Data Patterns, ideaForge, Zen Technologies

This is great news for India’s drone and defence-tech ecosystem. If one rises, others might fly too.
📈 Positive

Operation Zeppelin — Adani’s Hindenburg Counterstrike

Remember the Hindenburg disaster that shook Adani stocks in Jan 2023? That report claimed financial fraud and stock manipulation. What followed was a market bloodbath.

Now we get to know the backstory — Adani internally called their damage-control effort Operation Zeppelin. The mission: calm investors, counter every allegation, and keep the empire from collapsing.

📌 Stocks Impacted: Adani Enterprises, Adani Ports, Adani Total Gas

This revelation might stir some media and retail curiosity, but overall, the storm has passed.
📉 Neutral to Mildly Positive (if sentiment turns)

Technical Stocks to Focus

This section is for all the chart lovers and technical ninjas. We’ve picked two stocks today showing strong technical setups. Let’s break them down (not the charts, don’t worry).

🔔 Golden Cross Alert: Dixon Technologies (BSE: DIXON)

Price: ₹16,670.70 | Change: +5.35%

Dixon just pulled off a textbook Golden Cross — the 15-day moving average has crossed above the 45-day moving average, a classic bullish signal. Add to that the recent Alphabet news (Google may shift Pixel production to India, Dixon being a key partner), and we’ve got both technical strength and fundamental tailwind working in tandem.

📊 Volume spike? ✅
📈 Momentum breakout? ✅
🔥 Chart screaming “UP”? Oh yes.

Short-term target: ₹17,300+
Support to watch: ₹14,150 (previous MA cross level)

🚀 Breakout in Progress: 360 One WAM (NSE: 360ONE)

Price: ₹1,009.85 | Change: -0.51% (Healthy Pullback)

360 One WAM has broken out of a key horizontal resistance zone between ₹996–1,000 after consolidating for nearly 6 weeks. Although today’s candle closed slightly in red, the breakout above this congestion zone is a strong bullish indicator, especially with rising volumes.

📌 Resistance ahead? Around ₹1,061–1,063
📌 Support now flips to ₹996
📌 Watch for confirmation if price sustains above ₹1,010 with volume

If this holds, we might be looking at a potential rally toward ₹1,100+ in the coming sessions.

💡 Quick Tip: Use Angel One’s charting tools to track moving averages, volume spikes, and support/resistance zones in real time. You don’t need to be a pro to follow the pros.

Small-Cap Stock of the Day: Allcargo Gati (NSE: ACLGATI)

Price: ₹65 | Short-Term Target: ₹80

Sometimes small caps move big — and Allcargo Gati might just be gearing up for that kind of action.

Business Model

Allcargo Gati is a logistics and express distribution company, focused on last-mile delivery, supply chain solutions, and freight management. Think of it as a mini-Delhivery with a legacy edge — but now modernising fast under the Allcargo umbrella.

Why This Could Run (Short-Term Momentum Potential)

• India’s logistics demand is exploding, and Gati is riding that wave with increased warehousing capacity and digital transformation.
• Restructuring moves by Allcargo Logistics (its parent) are showing signs of efficiency kicking in.
• The stock is under-owned, under-followed — perfect recipe for sharp rallies when volume kicks in.

Technical Trigger

The stock has just crossed its 9-week moving average — a signal that the downtrend may be over and momentum is shifting.

• First bullish close above this level in weeks
• Volume picking up slowly
• If price sustains above ₹65 for 2–3 sessions, ₹80 looks very achievable in the short term

💬 Penny today, potential tomorrow? Keep your watchlist updated — this one could surprise fast and hard.

Final Thought:

Markets don’t move in straight lines — but patterns? Oh, they love a good repeat performance. With Nifty behaving exactly as forecasted and small-caps like Allcargo Gati whispering “momentum incoming,” the market’s throwing clues left and right.

Global cues may not be friendly, but stock-specific stories (hello, Dixon, 360ONE, Gati) are doing the heavy lifting.

This week, don’t chase — track. Don’t panic — position.
And most importantly: don’t just read — act smart. Use the noise to your advantage.

Because in a market full of chaos, the best strategy is clarity.

📢 Disclaimer:

This newsletter is for informational purposes only and does not constitute financial advice. Always consult your financial advisor before making investment decisions. Markets are subject to risks — past performance is not indicative of future results.

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